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Woodlands Causeway Point near North Wave EC Woodlands Ave 12

The Woodlands Regional Centre is deemed to be Singapore’s Northern entrance and will have the capacity to bloom into its full potential with the execution of new transportation links and new commercial space for anticipated growth. Along with providing accessibility to the city’s middle, there will be an interchange station that’s hosted by the Thomas MRT Line, with the inclusion of the cross boarder railroad connection going into Malaysia.

Woodlands Regional Centre will be one of Singapore largest commercial center with an entire range of cluster shops and comforts accessible for the residents to choose from after a day’s work. The regional centre will be almost of the most well connected as it’s beside the North South Highway and additionally it is just next to Woodlands MRT Interchange.

As investors will see just a short walk from the interchange to other parts of Singapore for strategies at the North, the site will be ideal. There are plans for around 700,000 and fresh new space for shopping mall and retail outlets will be accessible sqm of commercial space and this is in line with the regional centers for Jurong Lake District and Tampines regional centre as well

It must be realized the strategies to get the Woodlands Causeway Point under way really are preliminary.

With the provision of one hundred hectares for development, the Woodland Regional Centre plays a part as a main component in relation to the reshaping of the area of northern Singapore, which was laid out in the recent Land Use Plan.

Fresh commercial space in the Woodlands Causeway Point near to North Wave EC would mean that Woodlands will be set in the limelight to be Singapore’s economic centre of the North. Analysts see great possibility given the closeness of Woodlands to Johor Bahru as well concerning other parts od Singapore via the North South Highway. Moreover, Woodlands is close to the Iskandar region and so there can bring economical frontage for Singapore an Malaysia.

Qingjian Gambas EC Woodlands – Northwave EC

Mr. Khaw took the liberty to further clarify that the Woodland Regional Centre will make use of the features that are distinctive to the location, which do include the waterfront areas and the closeness to Johor Bahru. When it is concluded, there will be two precincts, which are Woodlands North Shore and Woodlands Central. The Woodlands Causeway Point near to Fraser Centrepoint is said to comprise the place between the Woodlands Waterfront and the Republic Polytechnic. The strategy is to design a waterfront location with businesses, residences and lifestyle factors in the mixture.

Along with being served by the North to South MRT line, the area will experience the addition of two new MRT stations that are under the command of the Thomas Line. Additionally, the future North South Express Way will manage to be linked to the Woodlands, and in addition includes strategies to implement the linking of Sembawang along with Yishun in order to be able to reach the city.

The reason that it will not be in the north section is due to the fact that the north section is growing quite congested as a result of the much building that is certainly occurring. The Woodlands Regional Centre constitutes part of the infrastructure of the new North Coast Innovation Corridor that reaches to Pungol, which last month had been presented in the Land Use Plan from the Woodlands. In addition to the inclusion of the growth of the Woodlands Regional Centre, more land will be designated for increased commercial and industrial use, as well as for the execution of the developmental characteristics of the Seletar Regional Centre.

The URA also noted that the planned future link to Johor will even accentuate the nation’s connectivity relative to Malaysia. Channel News Asia reported that it is unlikely a new high speed rail link between Kuala Lampur and Singapore that was declared last Tuesday will be placed there, asserting this statement was made by Mr. Khaw.

Woodlands Causeway Point Qingjian Realty

The region around the Woodlands MRT station, known as Woodlands Central, will probably entail a pedestrian friendly hub that is retail as for community events and envisioned by the planners that’ll be for leisure. In the close future, there will be increased accessibility to the Woodlands Regional Centre, according to the statement set forth by the Urban Redevelopment Authority, also know as the URA.

The Master Plan governs land use in the state of Singapore. Since the year of 2008, the current variant of the Master Plan has been in existence and will shortly be under a revision, Mr. Khaw stated. After public viewing and feedback, the Master Plan 2013 will therefore be distributed.

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Developers of Gem Residences forced to make changes on triple-key units

The Urban Redevelopment Authority (URA) has instructed the developers of Gem Residences in Toa Payoh to construct just one kitchen for each triple-essential unit instead of three as revealed in the sales leaflet, reported The Business Times.

The reason being the 99-year leasehold condominium, together developed Evia Real Estate, by Gamuda Land and Maxdin, deviated from its first floor plan, said an URA representative.

The developer was therefore requested to promote the residential units according to the authorized plans.”

Triple-essential units are old in Singapore and are considered an offshoot of the double-essential theory that began in 2009. Generally, these flats come with three bedrooms, each with an ensuite toilet, enabling the owner to let each subunit separately. The landlord does’t need to pay if they bought multiple units Added Buyer’s Stamp Duty and higher legal fees, which would have been the situation.

But the URA’s focus was got by the 980 sq ft TRIO units at Gem Residences before this month, after initial plans contained an open kitchen for each of the three subunits. The bureau after requested the developers to remove this attribute from both subunits, that will be replaced with a solid worktop.

But just three or four THREESOME units are sold from $1.3 million, as some purchasers who initially wanted to purchase such units afterwards chosen for the regular three-bedroom units, after being told about the URA’s instruction.

Despite the change, one real estate agent was’t discouraged from purchasing a $1.4 million triple-crucial unit.

“I handle it as if I’m purchasing three one-bedroom units under one roof. I comprehend that a standard one-bedroom unit may bring higher rent than each subunit in a triple-essential flat.

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HDB establishes in May flats nearly 9,000

The Housing and Development Board (HDB) found 8,940 new flats for sale on Tuesday (24 May) under its May 2016 sales activity.

They consist of 3,770 Build-To-Order (BTO) flats across four projects in the non-mature towns of Bukit Panjang and Sembawang, and another two projects in the mature estates of Ang Mo Kio and Bedok. The remaining 5,170 units are balance flats consisting of unsold flats from previous BTO starts.

The level kinds range between typical 3- to 5-room units, along with 2-room 3 and Flexi Gen flats. Costs begin from $74,000 for a 2-room Flexi flat at the EastCreek @ Canberra project, excluding grants.

In a statement, the HDB said eligible first-time buyers can enjoy up to $80,000 in home grants, comprising the Added CPF Housing Grant. Special CPF Housing Grant and the

“With 25 percent of May’s BTO launch being in matured estates (Ang Mo Kio and Bedok), it will go a very long way in meeting demand. There will remain powerful demand in mature estates as acreage is restricted. As such, we anticipate about a few applications per unit there,” said Mohamed Ismail, CEO of PropNex Realty.

“In the other non-mature towns (Bukit Panjang and Sembawang), we anticipate about two applications per unit.”

Applicants are advised to apply for a BTO level in non-mature towns to enjoy a higher likelihood of success in securing a flat, said the HDB.

They are able to submit their applications online to 30 on the HDB InfoWEB from today .

This is the second sales start for 2016, and brings the total number of flats launched for sale in the first half of the year to 13,110 units.

The next sales launch will take place in August 2016 the HDB will offer around 4,810 BTO flats in Hougang, Tampines, Sembawang and Yishun.

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Tan Tock Seng’s descendants sell Cuscaden Rd bungalow for $145m

Hong Kong-based a company founded by casino mogul Stanley Ho, Shun Tak Holdings, has bought bungalow. This can be the group’s first foray into Singapore.

The property was put up for sale last month by the descendants of leader philanthropist Tan Tock Seng, who had anticipated higher offers of between $160 million and $170 million. Promoted by JLL, the public tender closed on 12 May.

The freehold site has a land area of 25,741 sq ft and is zoned ‘Hotel’ in the 2014 Master Plan, with an allowable gross plot ratio of 4.2.

The location is within walking distance to the Orchard Road MRT station and shopping malls. The approaching Orchard Boulevard MRT station along the Thomson-East Coast Line can be nearby.

Upcoming new launch @ clementi, Parc Riviera Condo

“Opportunities to get property for resort development in and around Orchard Road are few and far between. Depending on our records, that is the first deal of a redevelopment site for hotels to take place in this location in over 10 years,” said Karamjit Singh, International Manager at JLL.

He noted the tender for the site received strong interest from local and foreign companies.

Pansy Ho, Ho’s daughter and Shun Tak’s Managing Director, said: “Capitalising upon our strength in property development, we shall use our expertise in serving the requirements arising in the burgeoning China and Asian marketplaces and hospitality.”

Possibly, the site can also be redeveloped into a residential development, subject to acceptance by the Urban Redevelopment Authority.

The group will announce further details, and is currently at a preliminary stage of planning.

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